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Gaaitzen de Vries is an associate professor at the Department of Global Economics and Management of the University of Groningen, and Visiting Professor of Global Value Chains at the University of International Business and Economics, Beijing. His research is mainly on international economics and development economics. In particular, it is focused on structural change and economic development, the measurement, causes and consequences of global production fragmentation. Gaaitzen is a member of the Groningen Growth and Development Centre. He has co-authored articles in peer-reviewed journals, su...

IsDB and ICD Sign Agency Agreement to Implement R2 COVID Support Line of Finance 14/02/2021 Share Jeddah, Kingdom of Saudi Arabia, 14 February 2021 –  President of Islamic Development Bank (IsDB) Dr. Bandar Hajjar, and CEO of the Islamic Corporation for the Development of the Private Sector (ICD), Mr. Ayman Sejiny, have put their signatures to an Agency Agreement for the implementation of IsDB Group’s R2 COVID Support Package, which will assist IsDB Group Member Countries to restore their economies and recover from the negative impacts resulting from the ongoing COVID-1...

IsDB and THIQAH Sign Agency Agreement to Promote Investment and Trade in Member Countries

The outbreak in 2020 disrupted both supply and demand sides of an interconnected world economy. Asia and the Pacific was not immune as lockdowns and travel and trade restrictions affected nearly all aspects of cross-border economic activity. The Asian Economic Integration Report 2021 looks at how regional economies individually or collectively respond to the crisis by, for example, leveraging rapid technological progress and digitalization as well as increasing services trade to reconnect and recover. The theme chapter focuses on digital platforms and how they can accelerate digital transfor...

Most of international trade and investment occurs within GVCs accounting for 70 per cent of international trade.